Bitcoin dominance shows that altcoin season is still far away: Here's why

2024-7-16 06:00

Bitcoin has been in a slump since April. The Tether and BTC dominance charts pointed toward a bullish future for crypto's top dog. Bitcoin [BTC] was trading at $62.5k at press time, with theThe post Bitcoin dominance shows that altcoin season is still far away: Here's why appeared first on AMBCrypto. origin »

Bitcoin (BTC) на Currencies.ru

$ 89546.2 (+0.00%)
Объем 24H $59.037b
Изменеия 24h: -2.07 %, 7d: -1.07 %
Cегодня L: $89035.17 - H: $89763.64
Капитализация $1787.37b Rank 1
Цена в час новости $ 62808.01 (42.57%)

bitcoin dominance far btc away still altcoin

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How rising Bitcoin dominance invalidates many crypto assumptions

Key Takeaways Bitcoin dominance has risen above 50%, having started the year at 42% Traditionally, dominance falls while market prices are rising in the sector, marking the year 2023 out as unusual  This hammers home how Bitcoin is still finding its feet, and why prudence needs to be taken when extrapolating past performance to the […] The post How rising Bitcoin dominance invalidates many crypto assumptions appeared first on CoinJournal.

2023-8-11 14:50